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Ethiopia Shortlists Six Firms to Conduct Revenue Study

The Revenues and Customs Authority of Ethiopia has submitted a shortlist of six companies to conduct a national revenues potential study to the World Bank.

The firm selected to conduct the job will be required to measure the revenue productivity of each tax and discover discrepancies between potential revenue and the revenue being actually collected.

The study will reveal strength’s and weakness on the part of ERCA in its efforts to raise domestic revenue according to an official with the authority.

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Ethiopian Customs to Adopt Electronic Tracking

The Revenues and Customs Authority of Ethiopia is to launch an electronic cargo tracking system on the road between Addis Ababa and Port Djibouti.

The effort, which will commence in two weeks, expects to track and monitor the transit of goods, to reduce customary theft that added up to 1.4% of commodities exported in the last fiscal year according to statistics from the International Cargo Securities Council.

Such acts of theft have negatively affected the image of Ethiopian exports on the international market claimed Belay Desta, Head of the Border Directorate with ERCA.

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Ethiopian Capital will be Mega City in Twenty Years

Ethiopia’s capital Addis Ababa will become a mega city in 20 years according to Alan Pardoe, Head of Marketing and Communications with Airbus, speaking at a press briefing held at the Sheraton Addis Hotel.

There are currently just 39 mega cities, hosting in excess of 10,000 long haul air passengers daily with this number expected to increase to 90 over the next 20 years he explained.

Ethiopia will need very large aircraft like the Airbus A380 as Addis Ababa becomes a mega city and Ethiopian Airlines grows requiring more new aircraft noted Pardoe.

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Revenue from Tourism Grows by 111% in Ethiopia

The tourist industry in Ethiopia has seen a growth of 111% to earn 253 million dollars in the first two of the current fiscal year according to the Ministry of Culture and Tourism.

The number of tourists visiting the country has increased by 44% with 321,000 visitors during the last six months.

The average length of stay for tourists to Ethiopia has also shown an increase from 4 days to 6 days.

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Ethiopian Hotel Rating Assessment Project Fails

The hotel rating assessment project launched in Ethiopia has failed due to the absence of prior preparation according to Sisay Teklu, Coordinator of Tourism Services Competence Accreditation Directorate with the Ministry of Culture and Tourism.

Hoteliers had their facilities rated unexpectedly as part of the requirement for a competence certificate put into place by the Ministry of Trade last year.

The Ministry of Culture and Tourism has been evaluating the assessment reports for the last months before coming to the decision to discard the project.

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